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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Ammar Haykal (Litigation), Tara Marlow (Hospitality), David Yates (Technology, Media & Telecommunications), Hesham Al Hamoud (Corporate Commercial) and Graham Lovell (Corporate Commercial) were all promoted bringing the Al Tamimi partnership number to 41 across the region.
Ammar Haykal is based in the Sharjah office in the UAE and is a litigation and commercial lawyer with over 14 years experience. He has advised clients on litigious matters related to banking, property, commercial, civil and criminal where he has gained an extensive understanding and knowledge of the laws and court processes and procedures in the UAE. Most recently, Ammar led an arbitration proceeding worth 1.47 billion dirhams – one of the largest proceedings to be held in the Northern Emirates.
Tara Marlow has a strong background in hospitality and property law with experience as both in-house general counsel and in private practice. She has advised property developers, financial institutions, investors, landlords and tenants on all areas of commercial property and development law and has advised on the development, operation and asset management of various hotel portfolios spread across the MENA region. Her hands-on commercial experience gained from her general counsel role at one of the UAE’s biggest hotel developers along with her private practice property experience, allows her to fully understand our client’s business goals and provide commercially focused advice.
David Yates is based in the Dubai office however works with the team across all regional offices as head of the TMT department. Admitted in Australia, David has considerable experience in litigious and commercial work and he brings a diverse range of skills to drafting and negotiating. David has worked with some very high profile clients providing advice in technology and transactions; media and transactions, commercial IP transactions and advisory, data protection and privacy and ecommerce. His promotion to partnership reinforces the firm’s commitment to building and developing the TMT practice that was established early 2011.
Hehsam Al Homoud is the head of Corporate Commercial in the firm’s Saudi Arabia office. A Saudi qualified lawyer, Hesham has extensive commercial and corporate experience, with emphasis on mergers & acquisitions, joint ventures and equity and debt private placement as well as advising in relation to Sahriah Law. He has also developed extensive experience in dispute resolution and has a diversified practice in advising and representing local and international clients before the Saudi courts and other adjudicatory bodies.
Glenn Lovell is also based in the Saudi Arabia office and has worked on a wide variety of matters predominantly relating to transactional and advisory work in the office’s banking/finance department and corporate/commercial department. Glenn regularly advises clients on the Foreign Investment Law including the available types of investment vehicles and activities open for foreign investment. He has considerable experience in providing advice regarding cross border lending, capital market and investment fund activity and joint venture arrangements.
Commenting on the promotions, Al Tamimi & Company managing partner Husam Hourani said “The firm is committed to becoming the pre-eminent firm in the Middle East and the promotion of these five lawyers not only strengthens our cross-border capabilities in key areas but also underpins our ability to provide superior legal advice to our clients across the Middle East and to those looking to invest here.”
“On behalf of our Senior Partner, Mr Essam Al Tamimi and the rest of my partners, I extend my congratulations all.”
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